Elon Musk's SpaceX successfully launched an updated version of its Falcon 9 rocket on Friday, and moments later the first stage booster stuck its landing on a drone ship in the Atlantic Ocean.
The launch was another in a string of resounding successes for Musk's aerospace company, whose ability to pioneer new advances in space technology have stood in contrast to the production struggles of his electric car company, Tesla.
It was the first landing of SpaceX's new Block 5 first stage and the 25th successful landing for SpaceX rockets.
The new Block 5 booster is seen as critical to SpaceX's plans to undertake crewed missions for NASA. The booster is designed to be reused up to 10 times with little maintenance between missions and up to 100 times overall.
SpaceX is also hoping that simple reusability of the booster will allow quick turnarounds with the potential of launching a Falcon 9 rocket twice within a 24-hour period.
Musk says he hopes to produce 30 to 50 Block 5s for the Falcon 9.
In Friday's launch, the Falcon 9 carried Bangladesh's first communications satellite. Thales Alenia Space, the French-Italian company that built the satellite, said it would provide citizens in Bangladesh "access to a wide range of broadcast and communications services, including phone services, backhaul, radio, direct-to-home TV and Internet."
Bamboo-based toilet paper company Cloud Paper raised $5 million in a recent funding round. Its product is a bamboo-based alternative to traditional toilet paper made from trees, and its mission is to end the deforestation caused by traditional paper products. Cloud Paper says the raise will allow it to make significant investments in its supply chain, product development, and hiring. Ryan Fritsch, a co-founder of Cloud Paper, joined Cheddar News' Closing Bell to discuss.
Space tourism company World View plans to launch its first commercial flights in early 2024, with voyages to take off from iconic locations around the world like the Grand Canyon — but seemingly at a flexible price point. Dale Hipsh, president of tourism and exploration at World View, joined Cheddar to discuss what a trip to the stratosphere would look like with his company and its much less expensive take on space travel. "Our technology allows us to be more democratic, to offer more opportunities for people to experience near space, and that overview effect," he said. "So we're really thrilled to be bringing it to market."
A recent NOAA report found America's coastline could experience a century's worth of sea rise in just 30 years. By 2050, water on the U.S. coast will be 10-12 inches higher, causing major eastern cities to be hit regularly with floods, even on sunny days. Gary Mitchum, professor of physical oceanography at the University of South Florida, joins Cheddar News to discuss.
The Biden administration is launching a new task force to promote the use of 'cleaner' construction materials with lower life cycle emissions. This comes as the White House works to speed up government purchases of greener products. Sweta Chakraborty, climate change expert and U.S. president of "We Don't Have Time," joins Cheddar News to discuss.
Stephen Gardner, director at ETF Managers Group, explains why investors shouldn't be rushing to sell vaccine stocks like Moderna or BioNTech even as the spread of COVID-19 slows down.
On this episode of Cheddar Innovates: Evolution Devices CEO breaks down how the Evowalk wearable device can help those with walking impairments; Cresilon CEO explains how he's created a plant-based gel to easily treat wounds in both humans and animals; A look at Curiosity Stream's 'The Colorado Problem.'
Pier Mantovani, Founder and CEO of Evolution Devices, joins Cheddar Innovates to discuss how the Evowalk wearable device can help those with walking impairments, and how remote physical therapy is becoming a reality.
Joe Landolina, CEO and Co-Founder of Cresilon, joins Cheddar Innovates to discuss how he's created a plant-based gel to easily treat wounds in both humans and animals.
A new analysis reveals that for more than two decades, the West has been the driest it has ever been since 800 A.D. The drought which began in 2000 has brought more devastating wildfires and draining water reserves well below healthy levels. Climate Scientists and Adjunct Associate Research Scientist at Lamont Doherty Earth Observatory at Columbia University,Benjamin Cook, joined Cheddar to discuss more.
